Daily Political Wire

George Wenschhof

President Obama Signs One Week Continuing Resolution - as the latest drama surrounding the nation's budget unfolds. The CR will cut an additional 2 billion from the budget as the details of the agreement for the remainder of the year are prepared for a vote by Congress.

The White House Blog has the details of the agreement here.

President Obama visited the Lincoln Memorial shortly after signing the budget extension.



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Nation Debt Ceiling Next Battle For Congress - amazingly, the 14.25 Trillion debt limit will be reached within the next month. Republican congressional leaders are saying they will not support raising the debt ceiling unless the President and Democrats agree to large spending cuts in the FY'12 budget which begins October 1. The NY Times has more here.

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Plouffe Makes Headlines on Sunday Morning "Talking Heads" - David Plouffe, the new White House senior adviser was busy making statements which will soon be headlines.

Plouffe had to answer why President Obama voted against raising the debt ceiling in 2006 when he was a U.S. Senator - the answer? - it was a mistake.

As to liberal Democrats, such as Congressman Anthony Weiner (D-NY), upset over President Obama compromising on the budget, Plouffe said he no interest in reassuring Weiner.

In regard to speculation Donald Trump will enter the 2012 presidential contest, Plouffe said he had no chance.

Plouffe also said President Obama will lay out a long term deficit reduction plan this week in a major address.

You can read more here.

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